ACXAX: Catalyst Multi-Strategy A

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ACXAX Catalyst Multi-Strategy A


Profile

ACXAX - Profile

Vitals

  • YTD Return -7.5%
  • 3 Yr Annualized Return -3.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $2.97 M
  • Holdings in Top 10 78.9%

52 WEEK LOW AND HIGH

$13.23
$13.23
$15.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.32%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Managed Futures

Distributions

  • YTD Total Return -7.5%
  • 3 Yr Annualized Total Return -3.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Catalyst Multi-Strategy Fund
  • Fund Family Name
    Catalyst Mutual Funds
  • Inception Date
    Aug 13, 2015
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Darren Kottle

Fund Description

The fund seeks to achieve its investment objective (i) by entering into both long and short positions in futures contracts to implement a diversified managed futures program, (ii) by holding cash, cash equivalents, and investment grade short-term fixed income securities primarily as collateral to these derivative positions and (iii) by using monies in excess of collateral requirements to invest, either directly or indirectly through affiliated and non-affiliated mutual funds and exchange traded funds ("ETFs"), in fixed income securities.


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Categories

ACXAX - Mutual Fund Categories


Performance

ACXAX - Performance

Return Ranking - Trailing

Period ACXAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.5% -15.2% 7.2% 79.41%
1 Yr -10.7% -18.0% 8.0% 69.12%
3 Yr -3.9%* -8.0% 4.1% 59.62%
5 Yr N/A* -8.7% 0.9% 43.14%
10 Yr N/A* -4.1% -1.6% N/A

* Annualized

Return Ranking - Calendar

Period ACXAX Return Category Return Low Category Return High Rank in Category (%)
2019 -1.5% -8.5% 14.4% 42.65%
2018 -1.9% -25.8% 3.4% 28.57%
2017 1.4% -5.1% 16.7% 53.85%
2016 -1.8% -20.3% 3.3% 34.04%
2015 N/A -16.1% 1.8% N/A

Total Return Ranking - Trailing

Period ACXAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.5% -15.2% 7.2% 79.41%
1 Yr -10.7% -18.0% 8.0% 69.12%
3 Yr -3.9%* -8.0% 4.1% 69.23%
5 Yr N/A* -8.7% 0.9% 66.67%
10 Yr N/A* -3.6% -0.3% N/A

* Annualized

Total Return Ranking - Calendar

Period ACXAX Return Category Return Low Category Return High Rank in Category (%)
2019 -1.5% -8.5% 14.4% 42.65%
2018 -1.9% -20.3% 3.4% 28.57%
2017 1.4% -5.1% 19.4% 65.38%
2016 -1.7% -20.3% 4.5% 40.43%
2015 N/A -16.1% 3.3% N/A

NAV & Total Return History


Holdings

ACXAX - Holdings

Concentration Analysis

ACXAX Category Low Category High ACXAX % Rank
Net Assets 2.97 M 2.97 M 4.04 B 98.53%
Number of Holdings 32 7 851 73.53%
Net Assets in Top 10 3.36 M -40.6 M 625 M 72.06%
Weighting of Top 10 78.88% 1.0% 186.3% 25.64%

Top 10 Holdings

  1. Camfmsf Fund Ltd 20.53%
  2. iShares MBS ETF 14.85%
  3. AlphaCentric Income Opportunities I 11.89%
  4. iShares Convertible Bond ETF 11.50%
  5. Vanguard Mortgage-Backed Secs ETF 11.13%
  6. Hannon Armstrong Sustainable Infrastructure Capital Inc 1.89%
  7. Ladder Capital Corp Class A 1.80%
  8. New Residential Investment Corp 1.77%
  9. Blackstone Mortgage Trust Inc A 1.76%
  10. Redwood Trust Inc 1.76%

Asset Allocation

Weighting Return Low Return High ACXAX % Rank
Bonds
35.54% -79.00% 90.63% 61.76%
Stocks
26.18% -1.31% 71.03% 33.82%
Other
20.53% -28.54% 141.62% 44.12%
Convertible Bonds
11.37% 0.00% 11.37% 2.94%
Cash
6.38% -79.58% 98.95% 58.82%
Preferred Stocks
0.00% 0.00% 0.15% 50.00%

Stock Sector Breakdown

Weighting Return Low Return High ACXAX % Rank
Real Estate
100.00% 1.50% 100.00% 6.06%
Utilities
0.00% 0.00% 8.14% 90.91%
Technology
0.00% 0.00% 21.35% 96.97%
Industrials
0.00% 0.00% 17.01% 90.91%
Healthcare
0.00% 0.00% 16.52% 90.91%
Financial Services
0.00% 0.00% 32.13% 90.91%
Energy
0.00% 0.00% 9.72% 90.91%
Communication Services
0.00% 0.00% 8.88% 90.91%
Consumer Defense
0.00% 0.00% 7.90% 90.91%
Consumer Cyclical
0.00% 0.00% 9.89% 90.91%
Basic Materials
0.00% 0.00% 17.93% 90.91%

Stock Geographic Breakdown

Weighting Return Low Return High ACXAX % Rank
US
26.18% -1.31% 35.28% 11.76%
Non US
0.00% -0.32% 57.05% 66.18%

Bond Sector Breakdown

Weighting Return Low Return High ACXAX % Rank
Securitized
64.64% 0.00% 65.69% 8.82%
Corporate
20.69% 0.00% 48.01% 13.24%
Cash & Equivalents
14.67% -1.45% 100.00% 80.88%
Derivative
0.00% -62.05% 85.27% 73.53%
Municipal
0.00% 0.00% 0.41% 52.94%
Government
0.00% 0.00% 78.65% 86.76%

Bond Geographic Breakdown

Weighting Return Low Return High ACXAX % Rank
US
35.42% 0.00% 79.74% 42.65%
Non US
0.12% -92.98% 74.92% 48.53%

Expenses

ACXAX - Expenses

Operational Fees

ACXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.32% 1.14% 5.07% 5.88%
Management Fee 1.75% 0.25% 2.99% 89.71%
12b-1 Fee 0.25% 0.00% 1.00% 50.00%
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

ACXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 41.18%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ACXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 133.00% 14.29%

Distributions

ACXAX - Distributions

Dividend Yield Analysis

ACXAX Category Low Category High ACXAX % Rank
Dividend Yield 0.00% 0.00% 13.66% 55.88%

Dividend Distribution Analysis

ACXAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ACXAX Category Low Category High ACXAX % Rank
Net Income Ratio -0.22% -1.04% 1.75% 86.76%

Capital Gain Distribution Analysis

ACXAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ACXAX - Fund Manager Analysis

Managers

Darren Kottle


Start Date

Tenure

Tenure Rank

Jan 02, 2018

2.24

2.2%

Darren J. Kottle has served as Chief Investment Officer at Caddo Capital Management (“Caddo”) since October 2011. Prior to founding Caddo, Mr. Kottle was co-head of Financial Institution Solutions Group at Bank of America Merrill Lynch from November 2008 until October 2011. Prior to that, he was employed by Citigroup from January 2001 until November 2008. Mr. Kottle graduated Phi Beta Kappa from Stanford University with Honors in June 1999 (B.A. in Economics). At Stanford, he conducted research for Nobel-prize winning economist Kenneth Arrow. Mr. Kottle is a CFA charter holder.

Charles Ashley


Start Date

Tenure

Tenure Rank

Apr 01, 2018

2.0

2.0%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 13.09 4.96 2.59